/biz/ - Business & Finance

>>18648758
yer a hue op. make up your mind

>>18637588

>>18008833
Someone should append the stock buybacks to this infograph. It's missing a key piece of information about HOW the top got all that extra money and through what means they managed to do it. Keep in mind buybacks were illegal until 1982. What a coincidence!

>>17847287
>Stock buybacks aren't market manipulation because uhhhhhhhh...........
>Stock buybacks are a better use of company funds than raising wages and strengthening technology/infrastructure cause uhhhhhhh....money on spreadsheet go up and CEO pockets more full....
>Markets crash
>Company loses all its "value" because the tangible part of the company hasn't been funded in the past decade

Every company is like this. Every time I argue with people that buybacks should be illegal, they never give a reasonable argument for why they should stay.

Buybacks
Should
Stay
Illegal.

They ruin economies and only benefit CEOs who can use buybacks as a way to cleverly convert company profits into an extra pay bonus for them and their buddies.

>B-but muh investors also get increased stock value!

Not when the CEO golden parachutes the fuck out of the company a month before a global crisis and tanks the value for his 9th yacht purchase.